In the formula I=P·r·t, what does P stand for? a. Percent: the interest rate expressed as a percentage b. Principal: the amount

Question

3 years ago

10

In the formula I=P·r·t, what does P stand for? a. Percent: the interest rate expressed as a percentage b. Principal: the amount

of money you initially invested c. Period: how often the interest is calculated d. Payout: how much money you end up with Please select the best answer from the choices provided A B C D.

Mathematics

1 answer:

lbvjy [14] · Answer 1 · 2022-11-29T18:40:40+03:00

lbvjy [14]3 years ago

7 0

Answer:

p stands for Principal: the amount of money you initally invested

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